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Right to salary a fundamental right: Delhi HC
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PM must wake up to reality about poverty: Chidambaram
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Kamala Harris to take oath of office on ‘second mother’s’ Bible
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Image of India built by Congress being destroyed by PM Modi: Rahul Gandhi
Congress forms 5-party Mahagathbandhan to take on BJP in Assam
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Sonia forms 10-member election panel for Kerala chaired by Chandy
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Former minister Shahnawaz Hussain is BJP’s MLC candidate in Bihar
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Notice to Amazon Prime over ‘Tandav’ by Information and Broadcasting Ministry
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Azim Premji and Dr Devi Shetty chosen for PCB awards
Healthcare sector revenues likely to grow by 20% in FY22: ICRA
Excise duty collection surges 48% in FY21 on high fuel levies
Air India Express deploys robotic technology to disinfect aircraft
Industry body lauds BSNL’s move towards Indian equipment for 4G
India’s eight core industries’ production loses steam, down 2.6% in Nov
Decoding recovery path of the Indian economy
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Rajasthan govt slashes RT-PCR test cost to Rs 500
PM flags off 8 trains to Statue of Unity in Gujarat
Boeing assisting with investigation in Indonesia flight crash
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The RBI Governor's statement gains significance as the Indian stock market has surged amid the pandemic and scaled new highs in the past one month, raising...
Looking ahead, the report said that India’s recovery would be constrained by the weak financial sector.
“Higher fiscal deficit is primarily originating from lower receipts. Ind-Ra expects FY21 central government fiscal deficit to come in at 7 per cent of GDP.”
“Net foreign portfolio investment was $7 billion as compared with $2.5 billion in Q2 of 2019-20, largely reflecting net purchases in the equity market.”
The year 2020 may not have belonged to India, but the future certainly belongs to this nation for its resilience, faith, and sheer optimism.
India can see a proper recovery next year on the back of positivity and confidence due to Covid-19 vaccines, Union finance minister Nirmala Sitharaman said on...
Due to a weaker-than-expected 2QFY21, we revise down our 3QFY21 and 4QFY21 growth forecasts.
The National Statistical Office (NSO) data on Friday showed that the Q2FY21 GDP on a year-on-year basis contracted by (-) 7.5 per cent from (-) 23.9...
They also said that the proposal is "best left on the shelf".
Under the scheme, manufacturers in key sectors will receive incentives in the form of direct payments over five years.
New Delhi: As the economy recovers from the lows of pandemic-induced lockdown, the year-on-year contraction in India’s GDP is expected to narrow appreciably to (-) 9.5...
Moody's Investors Service has also revised upwards its GDP forecast for India to (-) 8.9 per cent contraction in the 2020 calendar year
The Indian economy likely entered into a technical recession for the first time in history at the end of the first half of 2020-21, according to...
The Congress leader alleged that as far as the formal economy is concerned, the government has done nothing to bring back the jobs that were lost...
His comments come on the day the Congress is observing fourth anniversary of note ban as a 'Vikshwasghaat Diwas'
On November 8, 2016, Prime Minister Modi announced the decision to ban all currency notes of higher denomination of ₹ 500 and ₹ 1,000 from midnight.
Chidambaram said the economy was largely determined by the market, by the laws of demand and supply, and by the purchasing power and the sentiments of...
Kaushik Basu, who served as Chief Economic Adviser to the Finance Ministry, tweeted a warning to the centre: "Don't be in data denial... take corrective action..."
Patna: While the political temperature in Bihar is high on the issue of unemployment, the Centre for Monitoring Indian Economy (CMIE) has issued data for September...
Mumbai: India’s foreign exchange reserves plunged by $3.017 billion during the week ended September 25. According to the Reserve Bank of India’s weekly statistical supplement, the...
The Central government's total expenditure stood at Rs 12.47 lakh crore (41 per cent of BE) while total receipts were Rs 3.77 lakh crore (16.8 per...
As the Indian economy deals with the economic impact of the Corona induced slowdown, an opportunity to make constructive changes to the economic policies has arisen....
The Congress has been attacking the Prime Minister and his government for “failing to control” the spread of the coronavirus disease, with India surpassing Brazil to...
New Delhi, Sep 10 : August inflation numbers are expected to be elevated at around 7 per cent or even higher, a SBI Ecowrap report said...
New Delhi, Sep 7 : A week after India reported a significant contraction in its GDP during the April-June quarter of 2020-21 fiscal, former Reserve Bank...
P Chidambaram has advised the government to increase spending in infrastructure to revive the Indian economy, as the GDP has contracted by 23.9 per cent in...
Keeping up his attack on Centre, Rahul Gandhi slammed Modi govt on GST, alleging that it was second big blow to unorganised sector of economy and...
Cooperation, collaboration, and commitment- Minister asks ACMA to follow them for growth and being competitive;
Former Finance Minister P Chidambaram said it will take many months before the economy turns the corner and registers positive growth.
The first video will be out at 10am on Monday on all his social media channels, Rahul Gandhi wrote to his 15.8 million followers on Twitter.
In a sharp counter to Sitharaman's assertion, Rahul Gandhi in a tweet listed three actions by the Modi government that he said has "destroyed" the economy.
"Give money to the poor, not tax cuts to industrialists. Restart economy by consumption," the former Congress chief tweeted
“Clearly, the risks of a stagflationary environment has increased in the case of India and may be a socio-economic challenge, if not addressed early.”
New Delhi, Aug 6 : As the ongoing pandemic hits the Indian economy hard and the employment scenario worsens with large scale job losses, an Ipsos...
RBI MPC meet: More protracted spread of the pandemic, deviations from the forecast of a normal monsoon, and global financial market volatility are the key downside...
"Women are the remotest of all. Looking at the structure, this is the lowest in the structure. They have no voice, nothing in the society; traditions...
“Reliance Industries stock performance boosted the benchmark indices and helped limit further losses, while financials led the losses.”
Terming the segment as critical, he pointed that some initiatives in this regard have been taken, however, more reforms are required.
The package focussed broadly on saving lives and on undertaking deep structural reforms, the report said.
"Indian economy has started showing signs of going back to normalcy after easing of restrictions," Governor Das said at the 7th SBI Banking and Economics Conclave.
Mumbai/Nagpur, June 28 Four alleged suicides and three cases of suicide attempts by different families in Nagpur and Palghar within 48 hours shocked Maharashtra over the...
New Delhi, June 13 : Former Congress President Rahul Gandhi on Saturday said if the government does not inject cash into the economy, the poor will...
"Will the government lock up the IIP numbers in a safe vault to be opened only after 20 years? questioned the former finance minister.
Asking the industry to move ahead and invest more to achieve growth, he assured them of government''s commitment to support businesses and corporates.
Earlier in the day, RIL shares hit a new high of Rs 1,624 per share. However, they have trimmed major gains made initially.
Bajaj said, "I am not seeing a smooth, concerted, rhythmic move towards unlocking of the supply chain"
Rajiv Bajaj, in a dialogue with Rahul Gandhi said, "We tried to implement a harsh lockdown which was still porous. So I think we have ended...
Speaking about the Aatmanirbhar Bharat economic package, he said that it would work as growth fuel for the MSME sector.
It also downgraded India''s local-currency senior unsecured rating to Baa3 from Baa2, and its short-term local-currency rating to P-3 from P-2.
Applicable from Monday, June 1, the fresh order issued by the Ministry of Home Affairs (MHA) spoke of the expanded fresh guidelines a day ahead of...
New Delhi, May 29 : The general economic slowdown, along with the impact of the global Covid-19 pandemic, pulled India’s GDP growth rate down to 3.1...
The Congress has been demanding cash transfer directly to the people's account to the tune of Rs 65,000 crore.
"We estimate the fiscal cost of this package at 1.2 per cent of GDP, which is lower than what we had assumed in our earlier estimate...
Slamming the Rashtiya Swayamsewak Sangh (RSS), Chidambaram said, "RSS should be ashamed of how the government has dragged the economy into negative growth territory."
Moody's estimates that economy is also expected to recover somewhat more strongly in fiscal 2021-22 relative to an earlier forecast of 6.6% growth.
It also flayed the proposals to increase in Foreign Direct Investment in defence production from 49 to 74 per cent as well as privatisation of Ordnance...
The government has also extended the date of assessments getting barred on September 30, 2020 to December 31, 2020 and those getting barred on March 31,...
He noted that some measure will be "quite effective" while others such as the Rs 50,000 crore "Fund of Funds" for MSMEs may not yield the...
The UN projection for the current fiscal year is less than the 1.9 per cent made by the International Monetary Fund (IMF) last month.
The CEA said the industry had to hire local workers even at higher costs and invest in safety and skills of the migrant workers. He said...
Mumbai, April 22 The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note during the morning session of the trade. The Sensex of the...
New Delhi, April 20 : “We cant let this disaster go waste. We have learnt much in the last few weeks. We now know that we...
The report, however, said that a strong sequential recovery in the second half of the fiscal year is expected based on three assumptions.
Media reports on Wednesday claimed the government may announce a financial stimulus worth $20 billion (Rs 1.5 lakh crore) to help revive the economy.
With regard to domestic availability of fertilizers, the impact of COVID-19 seems to be negligible at this juncture, the minister said.
"I am not concerned about what they say but the Prime Minister should come out and do something but the Prime Minister has put his head...
On the Yes Bank crisis, Gandhi said during the Manmohan Singh regime when the country faced economic slowdown, the informal economy protected people.
As part of reforms, the government should put together a detailed and meticulous fiscal stimulus plan to boost consumption demand and revive the economy he opinionated.
In November, Sitharaman had taken Parliament's approval for additional spending of Rs 21,246 crore as part of first supplementary demand for grant.
New Delhi: The government on Thursday, issued an order of moratorium staying the “commencement or continuance of all actions and proceedings” against the beleaguered private lender...
He also raised concerns about the manufacturing sector saying it is in the negative. "This section provides jobs, and such performances are dismal.
Pathways can emerge only through solid dialogue and discussions on the challenges of taking the country forward, he added.
Bhopal, Feb 19 : With the Centre’s growing hostility causing a financial crunch Madhya Pradesh government is looking for resources to fulfil promises made in the...
He also cautions against "strong centralised governments", a scenario that is now unfolding in India.
New Delhi, Feb 13: Senior Congress leader Kapil Sibal targeted the government for talking about shooting down anti-CAA protestors and not taking any steps to improve...
He also asked Sitharaman to bring the matter on the council's agenda if she was interested in bringing petrol and diesel under GST.
Mumbai, Feb 10 Indian equity indices opened in the red on Monday with sensex falling over 200 points and Nifty also trading in the negative. At...
The senior Congress leader said the government was suppressing the people's voice and terming the opposition anti-national when it protested against its policies.
New Delhi, Feb 5 The Union Finance Minister Nirmala Sitharaman on Wednesday will introduce the Direct Tax Vivad Se Vishwas, Bill 2020 in the Lok Sabha....
The companies declaring such dividend will have to now deduct tax at source (TDS) at 10 per cent on the amount distributed as dividend.
"I think the case for leaning on growth is important, in the balance between fisc and the growth, we need to focus on growth and take...
New Delhi, Jan 31: Eliminate instances of needless government intervention to enable competitive markets and thereby spur investments and economic growth, the Economic Survey 2019-20 said...
New Delhi, Jan 29 : Congress leader Rahul Gandhi on Wednesday made a scathing attack on Prime Minister and said that Narendra Modi and Finance Minister...
Kolkata, Jan 27: Nobel laureate Abhijit Vinayak Banerjee on Monday said that while there is nothing in the macroeconomic data that says India couldn’t be in...
New Delhi, Jan 21 : The bad run for the Indian economy continues with the latest victim being the government’s direct tax kitty, where collections have...
New Delhi, Jan 9 Congress General Secretary Priyanka Gandhi Vadra on Thursday hit out at the Modi government over recent economic growth estimates, saying that the...
On Tuesday, the Central Statistics Office (CSO) pegged the 2019-20 growth at an 11 year low of 5 per cent.
New Delhi, Dec 23: After the JMM-Congress-RJD alliance won a total of 47 seats in 81 Jharkhand assembly, Senior Congress leader Kapil Sibal has taken a...
It said its rating for India incorporates the expectation of moderate slippage in the fiscal deficit target of 3.3 per cent of GDP in FY2019-20.
Mumbai, Dec 19 (IANS) While former Chief Economic Advisor Arvind Subramanian has recently described the Indian economy as being in the midst of “The Great Slowdown”,...
New Delhi, Dec 18 : Citing reasons for the “severe illness in the economy”, former Chief Economic Advisor Arvind Subramanian has pointed out that India is...
Mumbai, Dec 11 Sensex advanced 129 points during the early trade on Wednesday while the Nifty traded slightly below the 11,900 mark. Yes Bank fell over...
New Delhi, Dec 10 : Net inflows into equity mutual funds dipped sharply to multi-year lows in November as on one hand, outflows from credit risk...
The former RBI governor urged India to join free trade agreements judiciously in order to boost competition and improve domestic efficiency.
Kolkata, Dec 5 : With the GDP projections revised downwards, West Bengal Chief Minister Mamata Banerjee on Thursday slammed the NDA government at the Centre, saying...
Mumbai, Dec 3 : The Reserve Bank of India (RBI) is expected to administer another booster dose of lending rate cut to break the slowdown induced...
Shaw reacted angrily to the comment by Malviya and denied that her company funds IPSMF.
New Delhi, Nov 30: Senior Congress leader Kapil Sibal on Saturday slammed Finance Minister Nirmala Sitharaman and the Chanakya of Modi government to wake up and...
Growth figure of less than 5 per cent for an emerging market economy like India is "more like recession than a slowdown".
New Delhi, Nov 26 : A forceful plea for revealing the extent of ill-gotten wealth, held by Indians in the country and abroad, was made by...
The report disclosed that while domestic deal segment saw a downtrend in terms of both volumes and value, the cross-border deals value almost doubled.
New Delhi, Nov 21 : Congress General Secretary Priyanka Gandhi Vadra on Thursday hit out at the central government over the economic slowdown in the country...
India has been trying to bring E-commerce under the WTO rules. It also needs to clearly establish guidelines for its usage under the FTAs with ASEAN...
Former Union Minister Ajay Maken, Chairman of Campaign Committee Kirti Azad and AICC Secretary Kuljeet Singh Nagra were also the part of the rally held here.
Panaji, Nov 14 : Lashing out at Prime Minister Narendra Modi, Goa Congress president Girish Chodankar on Thursday said that Modi has given up on the...
Mumbai, Nov 13 : The domestic currency ended sharply lower on Wednesday over weak macro numbers and soft capital market sentiments. The rupee slipped to its...
Mumbai, Nov 12 : Even as the government continues to stress that economic slowdown is cyclical in nature and a recovery will soon be visible, high...
"The cumulative growth for the period April-September 2019 over the corresponding period of the previous year stands at 1.3 per cent."
New Delhi, Nov 10 : Although there has been a rally in the stock markets off late, the net inflow in equity or growth-oriented mutual funds...
New Delhi, Nov 8 : On the third anniversary of demonetisation on Friday, the Congress and the All India Trinamool Congress slammed the central government and...
Delhi, Nov 8 : Former Finance Minister and senior BJP leader Yashwant Sinha, apparently taking a jibe at Prime Minister Modi congratulated him for the surgical...
The close links between the four companies and the government is the key reason why Moody's has changed the outlooks for these companies to negative from...
It has been three years since the Rs 500 and 1,000 notes were demonetised to curb the use of black money and fresh Rs 500 and...
New Delhi, Nov 8 : Global rating agency Moody’s Investors Service on Friday cut India’s outlook from ‘stable’ to ‘negative’ reflecting increasing risks to the country’s...
New Delhi, Nov 7 : Former Finance Secretary Subhash Chandra Garg, who demitted office last month, has said serious policy and programme measures are required to...
India and U.S. have taken measures to detain illegal migrants. Amit Shah in India, has talked about NRC while the U.S. is planning to take DNA...
"Each year we import Rs. 6,000/ worth of goods from China for every Indian! A 100% increase since 2014. #RCEP will flood India with cheap goods,...
State party leaders, general secretaries and states in-charge would participate in these programmes at district and block levels, he said.
Challenging market conditions coupled with delayed client payment, dampened business confidence in October.
The monthly GST collection has fallen despite October being festive season and government announcing a slew of measures to boost the economy.
New Delhi, Nov 1: As PM Narendra Modi is keen on patting his back for the achievements of his government in abrogating Article370, some worst news...
Mumbai, Nov 1 Sensex opened above the 40,000 marks with marginal gain on Friday. India’s budgetary fiscal deficit for the April-September period came in at 92.6...
Net tax revenue has to grow 42 per cent to achieve the FY20 Budget target of Rs 16.5 trillion, which appears to be a daunting task.
Mumbai, Oct 31 The 30-scrip Sensitive Index (Sensex) on Thursday opened on a positive note. The Sensex of the BSE opened at 40,211.99 and touched a...
Delhi: Senior Congress leader and Rajya Sabha MP Kapil Sibal’s Press briefing. HIGHLIGHTS Nobody pays heed to the reality in India, Maharashtra and Haryana or the...
New Delhi, Oct 17 : Housing sales across major cities declined 25 per cent during the July-September quarter to 65,799 units, according to a report by...
Manmohan urged for setting up labour-intensive industries, among other measures, to tackle the economic crises.
The non-performing assets (NPAs) surged to 16.1 per cent in this period suggesting bank profits remain under pressure.
New Delhi, Oct 15 : India’s merchandise exports in September declined for the third time in the current financial year, while imports dropped for the fourth...
India has been relatively hit hard by the recent global slowdown resulting in its projected growth dropping to 6.0 per cent in 2019, but it’s still...
New Delhi, Oct 15 : The outlook for the Indian economy for the current fiscal seems to get bleaker by the day as major economic forums...
Retail inflation spiked to 3.99 per cent in September mainly due to higher prices of food items, government data showed on Monday. This is the highest...
Economist Parakala Prabhakar, Finance Minister Nirmala Sitharaman's husband, has slammed the Centre over economic slowdown while advising the BJP government to embrace the Rao-Manmohan Singh model.
Mumbai, Oct 13 : Slamming the Bharatiya Janata Party (BJP) government for all-round failure on the economic front, Congress leader Rahul Gandhi said here on Sunday...
If the union leaders make statement like this then I understand that they don't consider the seriousness of current economic situation.
Mumbai, Oct 12 Indian banks credit growth rate, for the first time this fiscal, slowed to single digit at 8.8 per cent to Rs 97.71 lakh...
New Delhi, Oct 12 The Indian economy, which has been witnessing slowdown over last few quarters, is likely to face several more risks in the near...
Debroy said that he believed the overall growth in this financial year would be "around 6 per cent". As he put it, it could be a...
India now has set a target of reaching the $5 trillion by end of the financial year 2024-25.
Washington, Oct 9 : International Monetary Fund (IMF) Managing Director, Kristalina Georgieva said that effect of “synchronized slowdown” in global economy is “more pronounced” in emerging...
The 68-year-old German subsidiary which was earlier known as Mico Industries, has 18 manufacturing sites and seven development and applications centres across India.
New Delhi, Oct 1: Former Reserve Bank of India governor Raghuram Rajan has written an article published on his Linkedin page that talks about the importance...
Mumbai, Sep 30 : Lower crude oil prices, along with higher earnings from invisible trade such as services, aided in narrowing India’s current account deficit to...
The government chose to give money to corporates, thinking they would invest. "But when there is no demand, who will invest?
Addressing the media after the meeting, Sitharaman evinced hope that demand would return in most of the sectors.
The situation has not improved as demand has not picked up, he said: "Because Finance Ministers in our BJP government don't know any economics. That's the...
New Delhi, Sep 22 : Around 1,000 companies would save nearly Rs 37,000 crore due to recent corporate tax rate cut, according to a Crisil report...
Members of the Indian diaspora waved Indian flags to greet the PM on his arrival.
Bengaluru, Sep 20 : Biocon chairperson Kiran Mazumdar-Shaw on Friday complimented Finance Minister Nirmala Sitharaman for the corporate tax rate cut, a day after a Twitter...
The key sectors which would benefit from GST rate cuts are hotels, gems & jewellery, defence and automobiles.
GST council meeting Live updates: All eyes are on GST council's meeting in Goa after the government announced slashing corporate taxes.
New Delhi, Sep 20: Finance Minister Nirmala Sitharaman announced reduction of corporate tax on domestic firms in a bid to boost the sluggish economy, hurt by...
"The reduction is credit negative as it will encourage banks to increase their exposure to this loan segment at a time when credit risks are already...
New Delhi, Sep 18 Slamming Prime Minister Narendra Modi for managing headlines, Congress General Secretary Priyanka Gandhi Vadra said sponsored events like ‘Howdy, Modi!’ in Houston...
Mumbai, Sep 18 The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note. The Sensex of the BSE opened at 36,621.38 and touched a...
New Delhi, Sep 16 Karti Chidambaram penned a poignant letter to wish his father and former finance minister P Chidambarama on his 74th birthday, who is...
Indore, Sep 15 : Former BJP leader Yashwant Sinha termed the Finance Minister Nirmala Sitharaman’s reasoning behind decline in the automobile sector as “weird” and asked...
New Delhi, Sep 14 The Congress on Saturday hit back at the Modi government after Finance Minister Nirmala Sitharaman announced a slew of measures to revive...
New Delhi, Sep 13 : Sluggish global demand pulled India’s merchandise exports lower by 6.05 per cent in August on a year-on-year basis. As per the...
This is not the first time that Priyanka Gandhi, also Congress in-charge for eastern UP, has attacked the government on the economic slowdown. On Tuesday, she...
New Delhi, Sep 13: Responding to Narendra Modi’s trailer comment , Congress MP Kapil Sibal heavily criticised the Prime Minister for the economic slowdown and said...
"Manmohan Singh told party leaders that when the economic recession had hit the global economy, our government was able to revive the economy, while the current...
New Delhi, Sep 12 Dubbing Finance Minister Nirmala Sitharaman’s excuse that millennials were the reason for the slowdown in the auto sector as “foolish theories”, Former...
New Delhi, Sep 12 : Congress General Secretary Priyanka Gandhi Vadra on Thursday took a swipe at Union Finance Minister Nirmala Sitharaman for blaming ‘Ola and...
Mumbai, Sep 12 Sensex was up nearly 100 points during the early trade on Thursday led by buying in banking and financial sector stocks. The benchmark...
Mumbai, Sep 11 The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note. The Sensex of the BSE opened at 37,251.03 and touched a...
Latest data shows that automobile sales for the month of August hit the lowest since 1997-98.
Overall, passenger vehicle sales declined by 31.57 per cent in August to 196,524 units against 287,198 units in the corresponding month a year ago.
"No officer has done anything wrong. I do not want anyone to be arrested," Chidambaram said.
Mumbai, Sep 9 The Sensex on Monday fell by 175 points during the early trade after it opened marginally lower. The decline was led by automobile...
New Delhi, Sep 7 Food delivery platform Zomato on Saturday said that it has laid off 541 people — 10 per cent of the company’s strength...
New Delhi, Sep 8: Congress General Secretary Priyanka Gandhi on Sunday said the Narendra Modi government remains silent after ruining the economy and trying to hide...
New Delhi, Sep 8 : On the completion of 100 days of the Narendra Modi government’s second tenure, Congress leader Kapil Sibal said Prime Minister is...
India is witnessing overall economic slowdown but the Modi government remains in denial and this is for the first time in the history of India that...
New Delhi, Sep 5 The Congress on Thursday hit out at Prime Minister Narendra Modi over his decision to offer ‘line of credit’ (LoC) of $1...
Mumbai, Sep 5 (IANS) Although the severely beaten down auto stocks edged higher on Thursday over expectations of a rate cut in the Goods and Service...
New Delhi, Sep 5 Congress General Secretary Priyanka Gandhi on Thursday described the Narendra Modi government’s silence on economic slowdown as “very dangerous” and said excuses...
Mumbai, Sep 4 : The Sensex and the Nifty slipped into the red after opening Wednesday’s session little changed from Tuesday’s close. The Sensex slipped 60...
Surrounded by the security personnel, Chidambaram stopped and said, "5 per cent. You all know what is 5 per cent", and walked away.
Mumbai, Sep 3 (IANS) Investor panic over the country’s lower than expected GDP growth figure of 5 per cent in the first quarter ending June, released...
April-July of FY20 was 3 per cent compared with 5.9 per cent reported for the same period of the last financial year.
New Delhi, Sep 1 The gross goods and services tax (GST) collection in August, 2019 stood at Rs 98,202 crore, up 4.51 per cent compared to...
New Delhi, Aug 31 Congress General Secretary Priyanka Gandhi has slammed the Narendra Modi-led BJP government, saying that it has deflated the economy. Taking to microblogging...
On a sequential basis, the growth rate came lower than the 5.8 per cent in Q4 of 2018-19.
New Delhi, Aug 30 (IANS) After announcing four big-ticket mergers of state-run banks on Friday, Finance Minister Nirmala Sitharaman declared several governance reforms in the public...
The government has recognised that consumption needs a boost, says Nirmala Sitharaman.
But the RBI noted that there are still structural issues in land, labour and agricultural marketing and they need to be addressed The central bank also...
Mumbai, Aug 29 Sensex fell over 150 points during the early trade led by selling in financial stocks. Eighteen out of the 20 scrips in the...
"Media is the mediator between the public and the public servants. It has the power to ensure social justice and equality. It also ensures that the...
The study has suggested, said the union, compared with other central banks (taking into account the value at risk) the core capital of the RBI is...
Manama, Aug 24: Prime MInister Narendra Modi on Saturday appealed to the Indian community in Bahrain to motivate the Bahraini people to visit India to witness...
New Delhi, Aug 23 (IANS) Finance Minister Nirmala Sitharaman on Friday announced the roll back of the controvertial tax surcharge on the Foreign Portfolio Investment (FPIs)...
On violation of corporate social responsibility norms, the Minister said that such violations would not be treated as criminal offences.
NEW DELHI: Senior Congress leader and Rajya Sabha MP Kapil Sibal on Friday took a swipe at the government, saying the “economy is in ICU” and...
"We can't expect the government to intervene every time some sectors go through sunset. Not all sectors are doing bad, some are doing well," the CEA...
"The Indian economy is likely to slow down further to 5.7 per cent in April-June from a five-year low of 5.8 per cent in January-March," Nomura...
The focus of monetary policy is now conclusively on ensuring better transmission. Towards this, for the first time in recent history the RBI has consciously moved...
New Delhi, Aug 21 : Congress General Secretary Priyanka Gandhi Vadra on Wednesday came out in support of former Union Finance Minister P. Chidambaram saying he...
Mumbai, Aug 21 (IANS) The Sensex and Nifty on Wednesday traded on a flat note awaiting a stimulus package from the Union government. The Sensex opened...
Mumbai, Aug 20 The Sensex and Nifty fell after initial gains on Tuesday awaiting a stimulus package from the government. According to reports, the Union government...
Mumbai, Aug 19 The Sensex on Monday opened slightly higher over gains by finance and banking stocks.Meanwhile, foreign portfolio investors sold shares worth a net of...
"Despite weak consumer sentiment, aggregate revenue grew a healthy 9.0 per cent YoY (year-on-year) post a high base in Q1 (first quarter) FY19. We believe the...
Mumbai, Aug 16 (IANS) Buzz of a possible stimulus package by the Union government aided the Sensex and Nifty to finish in the green on Friday....
Mumbai, Aug 13 (IANS) Indian markets on Tuesday sharply declined in line with sell-off in global markets after massive protests in Hong-Kong, heightened trade-tension between US...
Chennai, Aug 11 : Even as the Indian auto component industry is managing the downturn without major job cuts, there will be job losses to the...
"The BJP Government can't build anything. It can only destroy what was built over decades with passion and hard work,"
Bangalore, Aug 1 (IANS) The V.G. Siddhartha (VGS) suicide has cast a pall of gloom over Indian business and in the main the breeding ground of...
As support poured in for Siddhartha, fugitive businessman Vijay Mallya too pitched in with his words of condolence as he correlated the CCD chief's situation with...
Mumbai, July 25 (IANS) India’s ongoing economic slowdown has claimed jobs, profits and caused investors to run scared of participating in the financial markets. An important...
Bengaluru, July 23 (IANS) An increase in government borrowing can risk flooding the debt market while making it expensive for companies to borrow, outgoing Reserve Bank...
The Paris Agreement also emphasises the role of climate finance in strengthening the global response to climate change.
July 4: Former finance minister P Chidambaram said there are no sector-wise growth projections in the pre-Budget Economic Survey tabled in Parliament and the government itself...
New Delhi, June 26 (IANS) Prime Minister Narendra Modi on Wednesday again launched a blistering attack on the Congress but at the same time, sought the...
New Delhi, June 24 (IANS) Ahead of the Union Budget on July 5, the Congress here on Monday said common investors were suffering due to the...
New Delhi, June 21 (IANS) India is a nation with a huge demand but one that lacks high quality services. Be it agriculture, manufacturing or other...
"Overall, there is clear evidence of economic activity losing traction, with the GDP growth in Q4 (fourth quarter) 2018-19 slowing down to 5.8 per cent,"
New Delhi, June 15 (IANS) Prime Minister Narendra Modi said on Saturday that the goal to make India a five-trillion-dollar economy is challenging but can be...
New Delhi, June 11 (IANS) The government on Tuesday rebutted former Chief Economic Adviser Arvind Subramanian’s contentions regarding over-estimation of the GDP data and stated that...
Mumbai, May 31 (IANS) At a convenient time when the BJP-led NDA government has retained power, the Statistics Ministry on Friday released the official unemployment figure,...
Mumbai, May 24 (IANS) India’s foreign exchange reserves declined by $2.057 billion during the week ended May 17, official data showed on Friday. According to the...
New Delhi, May 18 (IANS) The Congress on Friday said that the Modi government will be shown the “exit door” by the people of India on...
New Delhi, May 15 (IANS) Prime Minister Narendra Modi’s re-election bid was likely to have hinged on subjects he has tried to showcase during his tenure...
New Delhi, May 8 The Congress on Wednesday said Indian economy has entered a “disastrous” phase of economic slowdown under Narendra Modi-led BJP regime and the...
Rahul Gandhi has been making a slew of promises that include Rs. 72,000 each year under his party's 'Nyay' scheme to five crore poorest families, single...
New Delhi, March 12 : Lower food prices eased India’s February 2019 retail inflation to 2.57 per cent, while a sharp decline in manufacturing output slowed...
New Delhi, Feb 17 (IANS) Pointing to domestic challenges like agrarian crisis, declining employment opportunities and prevalence of divisive forces, former prime minister Manmohan Singh here...
The Ministry said the government, in consultation with the Reserve Bank of India (RBI), will continue to have the flexibility to bring about modifications in the...
New Delhi, Jan 19: Former Finance Minister P. Chidambaram on Saturday targetted the Narendra Modi government for claiming higher growth rate saying “it is based on...
New Delhi, Jan 17 While concerns of liquidity, coupled with declining inflation, may have prompted the industry to expect a rate cut in RBI’s Monetary Policy...
United Nations, Jan 9 : Fuelled by policy reforms and rebound in credit, India’s economy is forecast to expand by 7.5 per cent during the 2019-20...
FCAs, the largest component of the forex reserves, edged lower by $631.6 million to $367.86 billion during the week ended December 14.
"In addition, any further distress in the Indian NBFI sector will pose significant downside risks to India's growth outlook."
Similarly, the output of consumer non-durables rose during October by 7.9 per cent, and that of consumer durables by 17.6 per cent.
Earlier in the day, Reserve Bank of India (RBI) Governor Patel announcing his resignation from the apex bank with immediate effect citing personal reasons.
"Through my new book, I am drawing attention to the puzzle, the big puzzle of 86 per cent reduction in cash after demonetisation, and yet the...
Mumbai, Dec 6 : Global ratings agency Fitch Ratings on Thursday lowered India’s growth forecasts to 7.2 per cent from an earlier projection of 7.8 per...
Chidambaram, says due to government's "heavy-handed" approach towards non-performing assets, banks have no money to lend.
The British magazine, The Economist, once wrote about the Chinese growth figures being stir-fried. Is India emulating China in keeping with the “Wuhan spirit”? To those...
Mumbai, Nov 30 (IANS) India’s foreign exchange (forex) reserves declined by $795 million during the week ended November 23, official data showed on Friday. According to...
Mumbai, Nov 19 : The Reserve Bank of India (RBI) would inject Rs 8,000 crore into the market by purchasing government securities on November 22, 2018....
Further, India's GER for the male population is 26.3 per cent and 25.4 per cent for females. The GER also varies across different social groups --...
New Delhi, Nov 12 : The key Indian equity indices pared their initial gains to trade marginally lower during the afternoon session on Monday, as investors...
The government may force to pass a resolution at the RBI board meeting to transfer a large sum of money from the reserves. Two scenarios can...
New Delhi, Nov 6: The Congress on Tuesday accused the Narendra Modi government of playing with India’s economic sovereignty by trying to demolish the Reserve Bank of...
Amid speculation that the government may have invoked a hitherto unused section to overrule the Reserve Bank of India (RBI) on the pretext of "public interest",...
The gross NPAs in the Indian banking system have accumulated to a staggering Rs 10 lakh crore, around 90 per cent of which is accounted for...
Basic education, good health and decent environment are not only valuable constituent elements of quality of life themselves but can also aid in driving economic successes...
The government’s former Chief Economic Advisor (CEA), Arvind Subramanian, will open up about his tenure, which saw the controversial demonetisation of high-value currency notes and the...
Mumbai, Oct 3 : The Indian rupee hits all-time low of 73.34 against US dollar in morning trade on Wednesday due to sharp rise in global...
New Delhi, Sep 8 : Petrol and diesel prices witnessed another hike on Saturday as petrol is being sold at a record high rate of Rs. 80.38...
Mumbai, Sep 7 (IANS) India’s foreign exchange (forex) reserves declined by $1.19 billion during the week ended August 31, official data showed on Friday. According to...
New Delhi, Sep 7: Prime Minister Narendra Modi on Friday said that the government would soon put in place a new policy to promote the use...
New Delhi, Sep 7 : State-owned oil marketing companies (OMCs) have again increased the price of Petrol and diesel in the country as in Delhi, petrol...
New Delhi, Sep 4 : Petrol and Diesel breached record levels for the 10th straight day on Tuesday, the people across the country have condemned the...
New Delhi, Sep 2 : Senior Congress leader Kapil Sibal on Sunday hit back at Prime Minister Narendra Modi, saying the “so-called kamdar” had destroyed India’s...
New Delhi, Sep 2: Senior Congress leader Kapil Sibal attacked Prime Minister Narendra Modi for making baseless allegations on the previous UPA government just for giving...
